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**Overview** The National Highways Authority of India (NHAI) officially accepted the offer of the Raajmarg Infra Investment Trust (RIIT) amounting to ₹9,500 crores for the asset monetization of five crucial highway secti...
The Union Home and Cooperation Minister launched Bharat Taxi, the country's first cooperative-owned ride-hailing service. Registered under the Multi-State Cooperative Societies Act, 2002, and set up on 6 June 2025, it gi...
Overview: The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its first meeting of 2026 by maintaining the Repo Rate at 6.5%. The decision reflects a balanced approach to managing inflation while suppor...
Trade between India and China reached a historic USD 155.6 billion in 2025, growing by around 12% over the year. Indian exports to China rose by 9.7% during 2025. Separately, the Union Government signed an agreement with...
The 16th Finance Commission recommended grants of ₹9.47 lakh crore over five years, only for local bodies and disaster management, ending revenue deficit, sector-specific and State-specific grants. Local bodies get ₹7,91...
The Union Budget 2026-27 has a total outlay of ₹53.5 lakh crore and sets the fiscal deficit at 4.3% of GDP, down from 4.4% in 2025-26, with the revenue deficit at 1.5%. The debt-to-GDP ratio is projected to ease to 55.6%...
The 16th Finance Commission, chaired by Arvind Panagariya, kept the States' share of the divisible pool at 41% for 2026-27 to 2030-31. The Commission is a constitutional body under Article 280. Its main innovation is a n...
Overview The Ministry of Commerce and Industry announced a major expansion of the Startup India Seed Fund Scheme (SISFS) in February 2026, with a specific focus on nurturing entrepreneurs in Tier-2 and Tier-3 cities. The...
A January 2026 report by the United Nations University (UNU-INWEH), 'Global Water Bankruptcy: Living Beyond Our Hydrological Means in the Post-Crisis Era', says many water systems can no longer recover to past levels, a...
On 1 February 2026, Nirmala Sitharaman presented her ninth straight Union Budget, the first ever delivered on a Sunday, and also tabled the 16th Finance Commission report on tax devolution for 2026-2031. India's first fu...
Overview In the Union Budget 2026–27, the Government of India placed strong emphasis on increasing capital expenditure (CapEx) to drive long-term economic growth. Investments were directed toward infrastructure sectors s...
Tabled in Parliament on 29 January 2026, the Economic Survey 2025-26 raised India's potential growth estimate to 7% from 6.5% and projected 6.8-7.2% growth in FY2026-27, keeping India the fastest-growing major economy fo...
